Five Common Reasons a Will Might Be Invalid
Having a will is an essential aspect of estate planning. It provides a clear directive on the distribution of assets and the care of dependents after one's passing. It ensures your wishes are honored and can prevent potential disputes among beneficiaries.
However, many people, a will is not enough...
Estate Planning Tips for Singles
Today, more and more people are delaying marriage for a variety of reasons, whether it be to become more established in their careers, pursue other interests, or that they simply do not want to get married. While many people believe they do not need to have an estate plan because they are...
What Happens to Your Debt After You Die?
You have just lost a loved one. Then, you get a phone call from one of their creditors. This will very likely and very understandably catch you off guard. Why would a creditor of a deceased family member be contacting you regarding payment of an outstanding debt? Do you really have to...
What are Letters Testamentary?
An individual who has been named as a personal representative or executor in a will has a number of important duties. These include gathering the deceased person's property and transferring it to the beneficiaries through a court-supervised process known as probate. In order to initiate this proceeding, the executor must first obtain...
What is a Durable Power of Attorney?
Married couples will often have legal estate documents prepared together. Such documents may include a trust, leaving all property to the surviving spouse and/or the couple’s children, and an advance Health Care Directive (sometimes known as a living will) to direct the spouse how to handle medical issues if one spouse becomes...
Roy Schneider Discusses Estate Planning On Our Ventura TV
Roy Schneider sat down for a television interview with Our Ventura TV's Sandra Siepak to discuss the importance of estate planning and why it is never too soon to consider establishing a living trust to protect you and your family! Great job Roy! Watch now!
When Is A Person Unfit To Make A Will?
Testamentary capacity refers to a person’s ability to understand and execute a will. As a general rule, most people who are over the age of eighteen are thought to be competent to make and sign the will. They must be able to understand that they are signing the will, they must understand...
4 Reasons Everyone Needs An Estate Plan
Many people are under the misconception that estate plans are only necessary for those with substantial wealth. In fact, estate plans are important for everyone who wants to plan for the future. For those unfamiliar with the concept, an estate plan coordinates the distribution of your assets upon your death. Without an...